Idaho Statutes
§ 28-8-204 — EFFECT OF ISSUER’S RESTRICTION ON TRANSFER
A restriction on transfer of a security imposed by the issuer, even if otherwise lawful, is ineffective against a person without knowledge of the restriction unless:
(1)Security is certificated and the restriction is noted conspicuously on the security certificate; or
(2)The security is uncertificated and the registered owner has been notified of the restriction.
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Idaho § 28-8-204 (EFFECT OF ISSUER’S RESTRICTION ON TRANSFER) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
[28-8-204, added 1995, ch. 272, sec. 2, p. 887.]
Nearby Sections
15
§ 28-1-101
SHORT TITLES§ 28-1-102
SCOPE OF CHAPTER§ 28-1-104
CONSTRUCTION AGAINST IMPLIED REPEAL§ 28-1-105
SEVERABILITY§ 28-1-106
USE OF SINGULAR AND PLURAL — GENDER§ 28-1-107
SECTION CAPTIONS§ 28-1-201
GENERAL DEFINITIONS§ 28-1-202
NOTICE — KNOWLEDGE§ 28-1-204
VALUE§ 28-1-205
REASONABLE TIME — SEASONABLENESS§ 28-1-206
PRESUMPTIONS